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Side-by-side financial comparison of EASTERN CO (EML) and System1, Inc. (SST). Click either name above to swap in a different company.

EASTERN CO is the larger business by last-quarter revenue ($55.3M vs $51.9M, roughly 1.1× System1, Inc.). EASTERN CO runs the higher net margin — 1.0% vs -26.0%, a 27.0% gap on every dollar of revenue. On growth, EASTERN CO posted the faster year-over-year revenue change (-22.4% vs -31.3%). Over the past eight quarters, EASTERN CO's revenue compounded faster (-0.6% CAGR vs -21.8%).

China Eastern Airlines is a major airline in China, headquartered in Changning, Shanghai. It is one of the three major airlines in the country, along with Air China and China Southern Airlines.

System1 is an American Internet advertising company. Formerly known as OpenMail, it was founded in 2013. It describes itself as operating a "Responsive Acquisition Marketing Platform", and cites privacy as one of its principal foci, although it has been criticized for its influence on privacy-focused properties, including search engine Startpage.com. It is headquartered in Marina del Rey, California.

EML vs SST — Head-to-Head

Bigger by revenue
EML
EML
1.1× larger
EML
$55.3M
$51.9M
SST
Growing faster (revenue YoY)
EML
EML
+8.9% gap
EML
-22.4%
-31.3%
SST
Higher net margin
EML
EML
27.0% more per $
EML
1.0%
-26.0%
SST
Faster 2-yr revenue CAGR
EML
EML
Annualised
EML
-0.6%
-21.8%
SST

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
EML
EML
SST
SST
Revenue
$55.3M
$51.9M
Net Profit
$578.9K
$-13.5M
Gross Margin
22.3%
41.0%
Operating Margin
3.1%
-33.6%
Net Margin
1.0%
-26.0%
Revenue YoY
-22.4%
-31.3%
Net Profit YoY
103.8%
4.8%
EPS (diluted)
$0.10
$-3.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EML
EML
SST
SST
Q4 25
$51.9M
Q3 25
$55.3M
$61.6M
Q2 25
$70.2M
$78.1M
Q1 25
$63.3M
$74.5M
Q4 24
$64.3M
$75.6M
Q3 24
$71.3M
$88.8M
Q2 24
$72.6M
$94.6M
Q1 24
$64.6M
$84.9M
Net Profit
EML
EML
SST
SST
Q4 25
$-13.5M
Q3 25
$578.9K
$-18.5M
Q2 25
$3.4M
$-17.5M
Q1 25
$1.9M
$-15.9M
Q4 24
$1.3M
$-14.2M
Q3 24
$-15.3M
$-23.6M
Q2 24
$3.5M
$-26.4M
Q1 24
$1.9M
$-10.5M
Gross Margin
EML
EML
SST
SST
Q4 25
41.0%
Q3 25
22.3%
36.9%
Q2 25
23.3%
35.7%
Q1 25
22.4%
38.2%
Q4 24
23.6%
42.1%
Q3 24
25.5%
28.0%
Q2 24
25.4%
27.6%
Q1 24
23.9%
21.9%
Operating Margin
EML
EML
SST
SST
Q4 25
-33.6%
Q3 25
3.1%
-25.3%
Q2 25
4.5%
-20.4%
Q1 25
5.1%
-17.6%
Q4 24
6.1%
-15.7%
Q3 24
9.5%
-24.6%
Q2 24
8.3%
-30.8%
Q1 24
5.3%
-30.4%
Net Margin
EML
EML
SST
SST
Q4 25
-26.0%
Q3 25
1.0%
-30.1%
Q2 25
4.9%
-22.4%
Q1 25
3.1%
-21.3%
Q4 24
2.0%
-18.7%
Q3 24
-21.5%
-26.6%
Q2 24
4.8%
-27.9%
Q1 24
3.0%
-12.4%
EPS (diluted)
EML
EML
SST
SST
Q4 25
$-3.58
Q3 25
$0.10
$-2.30
Q2 25
$0.56
$-2.23
Q1 25
$0.32
$-0.21
Q4 24
$0.22
$-3.41
Q3 24
$-2.46
$-3.37
Q2 24
$0.56
$-3.80
Q1 24
$0.31
$-0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EML
EML
SST
SST
Cash + ST InvestmentsLiquidity on hand
$9.2M
$86.9M
Total DebtLower is stronger
$305.1M
Stockholders' EquityBook value
$124.3M
$30.5M
Total Assets
$220.0M
$405.0M
Debt / EquityLower = less leverage
10.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EML
EML
SST
SST
Q4 25
$86.9M
Q3 25
$9.2M
$54.6M
Q2 25
$9.1M
$63.6M
Q1 25
$10.2M
$43.9M
Q4 24
$16.1M
$63.6M
Q3 24
$9.7M
$69.1M
Q2 24
$2.0M
$75.7M
Q1 24
$2.1M
$69.9M
Total Debt
EML
EML
SST
SST
Q4 25
$305.1M
Q3 25
$259.2M
Q2 25
$263.3M
Q1 25
$267.4M
Q4 24
$42.2M
$255.1M
Q3 24
$259.2M
Q2 24
$263.3M
Q1 24
$268.6M
Stockholders' Equity
EML
EML
SST
SST
Q4 25
$30.5M
Q3 25
$124.3M
$42.7M
Q2 25
$124.4M
$58.2M
Q1 25
$121.0M
$67.2M
Q4 24
$120.7M
$80.3M
Q3 24
$119.2M
$90.3M
Q2 24
$136.5M
$109.4M
Q1 24
$134.5M
$131.7M
Total Assets
EML
EML
SST
SST
Q4 25
$405.0M
Q3 25
$220.0M
$385.2M
Q2 25
$229.4M
$429.2M
Q1 25
$232.3M
$419.2M
Q4 24
$235.3M
$459.1M
Q3 24
$244.2M
$479.3M
Q2 24
$255.9M
$511.3M
Q1 24
$253.9M
$521.1M
Debt / Equity
EML
EML
SST
SST
Q4 25
10.01×
Q3 25
6.07×
Q2 25
4.53×
Q1 25
3.98×
Q4 24
0.35×
3.18×
Q3 24
2.87×
Q2 24
2.41×
Q1 24
2.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EML
EML
SST
SST
Operating Cash FlowLast quarter
$3.1M
$-10.6M
Free Cash FlowOCF − Capex
$3.1M
FCF MarginFCF / Revenue
5.5%
Capex IntensityCapex / Revenue
0.1%
0.0%
Cash ConversionOCF / Net Profit
5.38×
TTM Free Cash FlowTrailing 4 quarters
$12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EML
EML
SST
SST
Q4 25
$-10.6M
Q3 25
$3.1M
$-2.1M
Q2 25
$3.8M
$24.5M
Q1 25
$-1.8M
$-15.9M
Q4 24
$11.0M
$772.0K
Q3 24
$-2.9M
$-5.0K
Q2 24
$8.4M
$10.0M
Q1 24
$2.8M
$-16.0M
Free Cash Flow
EML
EML
SST
SST
Q4 25
Q3 25
$3.1M
Q2 25
$3.0M
Q1 25
$-2.7M
$-16.0M
Q4 24
$9.0M
Q3 24
$-7.7M
$-36.0K
Q2 24
$7.3M
Q1 24
$1.1M
FCF Margin
EML
EML
SST
SST
Q4 25
Q3 25
5.5%
Q2 25
4.3%
Q1 25
-4.3%
-21.5%
Q4 24
13.9%
Q3 24
-10.8%
-0.0%
Q2 24
10.1%
Q1 24
1.7%
Capex Intensity
EML
EML
SST
SST
Q4 25
0.0%
Q3 25
0.1%
0.0%
Q2 25
1.1%
0.0%
Q1 25
1.3%
0.1%
Q4 24
3.2%
0.0%
Q3 24
6.7%
0.0%
Q2 24
1.5%
0.0%
Q1 24
2.6%
0.0%
Cash Conversion
EML
EML
SST
SST
Q4 25
Q3 25
5.38×
Q2 25
1.09×
Q1 25
-0.95×
Q4 24
8.41×
Q3 24
Q2 24
2.40×
Q1 24
1.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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